What Will Happen to Bank of Montreal Next? The Stock Just Boosted A Lot

 What Will Happen to Bank of Montreal Next? The Stock Just Boosted A Lot

The stock of Bank of Montreal (TSE:BMO) is a huge mover today! About 304,601 shares traded hands. Bank of Montreal (TSE:BMO) has risen 9.87% since April 8, 2016 and is uptrending. It has outperformed by 4.89% the S&P500.
The move comes after 8 months positive chart setup for the $55.82 billion company. It was reported on Nov, 14 by Barchart.com. We have $142.82 PT which if reached, will make TSE:BMO worth $36.28 billion more.

Bank of Montreal (TSE:BMO) Ratings Coverage

Out of 10 analysts covering Bank Of Montreal (TSE:BMO), 1 rate it a “Buy”, 1 “Sell”, while 8 “Hold”. This means 10% are positive. $91 is the highest target while $60 is the lowest. The $86.15 average target is -0.47% below today’s ($86.56) stock price. Bank Of Montreal has been the topic of 29 analyst reports since August 20, 2015 according to StockzIntelligence Inc. The firm has “Sector Perform” rating given on Wednesday, December 2 by RBC Capital Markets. The stock of Bank of Montreal (TSE:BMO) earned “Neutral” rating by Dundee Securities on Wednesday, September 21.

More notable recent Bank of Montreal (TSE:BMO) news were published by: Business.Financialpost.com which released: “Executive shuffle at Bank of Montreal as chief operating officer Frank Techar …” on October 28, 2016, also Seekingalpha.com with their article: “Does Bank Of Montreal Stack Up?” published on October 24, 2016, Businesswire.com published: “Fitch Affirms Bank of Montreal Ratings at ‘AA-/F1+’; Outlook Stable” on October 28, 2016. More interesting news about Bank of Montreal (TSE:BMO) were released by: Fool.ca and their article: “Dividend Investors: Why Bank of Montreal Is the Perfect Choice” published on November 04, 2016 as well as Finance.Yahoo.com‘s news article titled: “UPDATE 1-Bank of Montreal shakes up senior management team” with publication date: October 28, 2016.

Bank of Montreal is a financial services company. The company has a market cap of $55.82 billion. The Bank provides a range of personal and commercial banking, wealth management and investment banking services and products. It has a 12.88 P/E ratio. The Bank’s operating groups include Personal and Commercial Banking, Wealth Management, BMO Capital Markets (BMO CM) and Corporate Services, including Technology and Operations.

BMO.TO Company Profile

Bank of Montreal (BMO), incorporated on March 15, 1995, is a financial services company. The Bank provides a range of personal and commercial banking, wealth management and investment banking services and products. The Bank’s operating groups include Personal and Commercial Banking, Wealth Management, BMO Capital Markets (BMO CM) and Corporate Services, including Technology and Operations. The Bank operates primarily in Canada and the United States. It also has activities in the United Kingdom, Europe, the Caribbean and Asia.

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